September 13, 2021 
Changes to income and asset thresholds will take effect from 20 September 2021.
Below are the new limits that will apply to you:
Centrelink income test limits for Age Pensions from 20 September 2021
| Situation | For full pension/allowance (per fortnight) | For part pension(pf) From 20 September 2021 |
| Single | up to $178 | less than $2115.00 |
| Couple (combined) | up to $316 | less than $3237.20 |
| Illness separated (couple combined) | up to $316 | less than $4190.00 |
Centrelink asset test limits for full Age Pensions from 20 September 2021
| Situation | Homeowners | Non-homeowners |
| Single | $270,500 | $487,000 |
| Couple (combined) | $405,000 | $621,500 |
| Illness separated (couple combined) | $405,000 | $621,500 |
Centrelink asset test limits for part Age Pensions – effective from 20 September 2021
| Situation | Homeowners | Non-homeowners |
| Single | $593,000 | $809,500 |
| Couple (combined) | $891,500 | $1,108,000 |
| Illness separated (couple combined) | $1,050,000 | $1,266,500 |
Centrelink income test limits for transitional part Age Pensions from 20 September 2021
| Situation | |
| Single | less than $2198.25 |
| Couple (combined) | less than $3576.00 |
| Illness separated (couple combined) | less than $4356.50 |
Centrelink asset test limits for transitional part Age Pensions – effective from 20 September 2021
| Situation | Homeowners | Non-homeowners |
| Single | $539,750 | $756,250 |
| Couple (combined) | $839,500 | $1,056,000 |
| Illness separated (couple combined) | $943,500 | $1,160,000 |
Centrelink deeming thresholds from 1 July 2021
| Family Situation | Assets Threshold | Deeming rate | |
| Single | $0 – $53,000 | 0.25% | |
| Above $53,000 | 2.25% | ||
| Pensioner Couple – combined (2) | $0 – $88,000 | 0.25% | |
| Above $88,000 | 2.25% |
Will these changes make a difference to your retirement?
